Stellantis Must Honor Investment Commitments
White House spokeswoman urges Stellantis to keep commitments
This comes as the automaker, citing market volatility and vehicle affordability, has instituted job cuts and layoffs in the United States and as it has touted to investors that it intends to move more production to “best-cost” countries.
White House says Stellantis should deliver on Belvidere commitments
The White House said automaker Stellantis, the parent company of Chrysler, Dodge, Jeep, and Ram, should honor its commitments and reopen the Belvidere Assembly Plant. According to Reuters, White House spokeswoman Karine Jean-Pierre said Wednesday the contract reached between the UAW and Stellantis “included a commitment to reopen and expand production
Stellantis should deliver on investment commitments, White House says
Chrysler-parent Stellantis should make good on its commitments to the United Auto Workers union and to communities impacted by plant closures in the United States, the White House said Wednesday.
Stellantis Must Honor Investment Commitments: White House
Chrysler-parent Stellantis must honor the commitments it made to the United Auto Workers, as well as the communities affected by the plant closures in the U.S., the White House said on Wednesday. White House spokeswoman Karine Jean-Pierre said that the deal that was reached between the carmaker and the union "included a commitment to reopen and expand production in communities that were devastated by previous plant closures,
Stellantis recalls 44,500 hybrid SUVs
Stellantis reports 20% drop in global vehicle shipments
Automakers will find themselves in a 'big trap' if the transition toward EVs slows down, Stellantis CEO says
Carlos Tavares said automakers will have to wrestle with higher costs as they have to invest in both electric and ...
Stellantis recalls over 21,000 Dodge Hornet, Alfa Romeo Tonale vehicles for brake pedal failure
The NHTSA issued a recall notification for 21,069 Dodge Hornet and Alfa Romeo Tonale vehicles over a brake pedal failure.
Stellantis Downgraded Again As Stock Price Weakness Continues
Troubled Stellantis was downgraded again Wednesday by a credit rating agency, and its shares have now fallen more than 50% ...
Stellantis dealers 'cautiously optimistic' about turnaround plans after meeting
It's a stark shift in tone compared to a month ago, when the Dodge, Chrysler, Jeep and Ram dealers sent a scathing open ...
Stellantis Ends Work-From-Home Push After Management Shakeup
Stellantis NV is hauling employees back to the office, walking back a work-from-home policy after a profit warning prompted a ...
Stellantis might sell some of its struggling car brands — but not yet
Stellantis (STLA)’ extensive portfolio of brands, from Maserati to Chrysler, is safe from the chopping block until at least ...
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Fiat Pauses Panda Production As Stellantis Faces ‘Difficult Choices’
Stellantis will temporarily halt production at its Pomigliano d’Arco, Termoli, and Pratola Serra plants. The production ...